The Red Noodie, a local Thai restzurant, expects sales to be $360,000 in January lts average cuslomer restaurant bil is $20. Only 10% of the restaurant bils are paid with cash, 60% are paid with credit cards and 10% with debil cards. The transaction fees charged by the credt and debil card issuers are as follows: Credit cards 50.35 pet transacton +3% of the amount charged Debit cards: $0.60 per tansaction +2% of the amount charged Read the reguirementa Mequiremen 1. How nuch of the tod sales revenue is erpecind to be paid in cash? The rotal sales revenue expected to be paid in cash is Roquirement 2. How many eustomer tiansactions ooes the concary ex rect in Jaruary? in January, the number of tramactions fo company expects is Requirement 3. How much of the total sales revense is expected to be pait with credt cavis? The total sdes revenus evpected to be pud exis credd cants is Requirement 4. How many custormer trensactiora will be paid for by cussomera using credt cards? The numbec of ostomine frenenctions ped for unhog creds cards is in danuiey, the insiaurart should exped to incur trantacton fees of Requtement e. How much do the wai saves revenue in expected to be paid with cebit cards? The kar saves rovenue expectea yo be pais wer dosit cards in The Red Noode, a local Thai restaurant, expects sales to be $360,000 in January, its average customer restaurant bill is $20. Only to\% of the restaurant biss are paid with cash 80% are paid with credt cards and 10% with debet cards. The bansaction fees charged by the ceedt and debit card issuers are as follows: Credit caeds: 50.35 per transaction +3% of the amount charged Debl cards: 50.60 per transaction + 2* of the amount charged Read the teautements. Requirement 6. How much of the botal sales revenus is tupected to be paid with debt cards? The lotal ales revenue nxpected to be paid with debit cards is Requiremen 7. How many customer transactions wil be paid for by customers using debl cards? The number of cuscomer transactions paid for by postomers using debl cards is fequirement th. When budgeting for Januarys operating expenses, how mpeh should the restauract expect to hour h debll card trantactish fees? In January the resiarant shoud espect to nour dobt card transaction foos of ietuers degoss the finds on the tant dey the transactions oceur at the restaurant (there is fo reocesing delay) sales is and debl tard sains is Requirements 1. How much of the total sales revenue is expected to be paid in cash? 2. How many customer transactions does the company expect in January? 3. How much of the total sales revenue is expected to be paid with credit cards? 4. How many customer transactions will be paid for by customers using credit cards? 5. When budgeting for January's operating expenses, how much should the restaurant expect to incur in credit card transaction fees? 6. How much of the total sales revenue is expected to be paid with debit cards? 7. How many customer transactions will be paid for by customers using debit cards? 8. When budgeting for January's operating expenses, how much should the restaurant expect to incur in debit card transaction fees? Only 10% of the restaurant bills are p 9. How much money will be deposited in the restaurant's bank account during the month of Janwary related to credit and dobit card sales? Assume the credit and debit card listuers deposit the funds on the same day the transactione occur at the restaurant (there is no processing delay). 10. What is the total amount of money that the restaurant expects to deposit in its bank account during the month of January from cash, credit card, and debit card sales? Again ansume the credit and debit card lasuers deposit the fundo on the same day that the transacton occurs